Chevron Corporation(CVX) - Stock detail

Chevron Corporation

US
CVX
Chevron Corporation(Listing date: 06/24/1921)

Chevron Corporation was founded in Delaware in 1926. The company manages investments in subsidiaries and affiliates and provides administrative, financial, management and technical support to U.S. and international subsidiaries engaged in integrated energy and chemical operations. Upstream operations primarily include the exploration, development and production of crude oil and natural gas; processing, liquefaction, transportation and regasification related to liquefied natural gas; transportation of crude oil through major international petroleum export pipelines; transportation, storage and marketing of natural gas; and a gas-to-liquids plant. Downstream operations primarily include the refining of crude oil into petroleum products; marketing of crude oil and refined products; transportation of crude oil and refined products by pipeline, marine vessel, motor equipment and rail car; and the manufacture and sale of commodity petrochemicals, industrial plastics, and fuel and lubricant additives.

AI Value AnalystHold
Overall Rating4.3/10
Generated at:2026-04-17 17:41:25
Analysis based on 5 financial reports covering periods: 2025-12-31, 2025-09-30, 2025-06-30, 2025-03-31, 2024-12-31. Market price data as of 2026-04-17. Data appears complete for the specified periods.
Overview

Chevron Corporation (CVX) is a major integrated energy and chemicals company with a stable financial foundation but facing significant profitability challenges due to declining earnings and return metrics. The company's performance is tied to global commodity prices and energy demand.

Valuation
4/10
Profitability
3/10
Financial health
6/10
Operation Advice
  • Maintain existing positions while awaiting clearer signs of earnings stabilization or recovery in the energy cycle.
  • New investment may be better timed upon evidence of reversing negative growth trends in upcoming financial reports.
  • The current price of $183.99 is near the midpoint of the reasonable target range of $175 - $195.

Valuation

P/E TTM
29.58
P/E LYR
19.52
P/B MRQ
1.92
P/S TTM
--
AI Analysis
  • The stock appears fairly valued, with elevated TTM P/E reflecting lower recent earnings and a P/B ratio above book value typical for asset-heavy firms. The current price sits near the midpoint of a reasonable target range.
  • Current market price as of 2026-04-17 was $183.99
  • Trailing Twelve Months (TTM) P/E is 29.58, which is elevated
  • Forward (Dynamic) P/E is 19.52, based on future earnings estimates
  • Price-to-Book (P/B) ratio is 1.92, indicating market values the company above its accounting book value
  • Price-to-Sales (P/S) ratio is 1.94
  • Stock has traded between approximately $166.66 and $214.71 over the provided 60-day period
  • Using Forward P/E of 19.52 and annual Diluted EPS of $6.63 yields a value of ~$129, but this doesn't account for expected earnings recovery
  • With a P/B of 1.92 and an ROE of 7.26%, the stock is not significantly overvalued on an asset basis, but the low ROE tempers justification for a high P/B
  • A fundamental-based target price range of $175 - $195 is reasonable
  • The current price of $183.99 sits near the midpoint of this range
Valuation trend

Profitability

ROE TTM
7.26%
Net margin
6.60%
Gross margin
42.75%
Total revenue
189.03B
AI Analysis
  • Profitability metrics indicate a significant year-over-year decline with falling revenue, net income, and compressed margins, reflecting a challenging period for the company.
  • For the fiscal year ending 2025-12-31, Chevron reported a -6.79% year-over-year decline in revenue to $189.03B
  • Net income attributable to shareholders fell -30.36% to $12.30B
  • Trend of declining YoY growth in revenue, gross profit, and net income is consistent across the last four reported quarters
  • Annual gross margin remained relatively robust at 42.75%
  • Net margin compressed to 6.60% from 8.75% in the prior year
  • Return on Equity (ROE) of 7.26% for FY 2025 is significantly lower than the prior year's figure of 11.28%
  • Return on Assets (ROA) of 4.23% for FY 2025 is significantly lower than the prior year's figure of 6.81%
  • Reduced efficiency in generating profits from shareholder equity and company assets
Profitability
2024Q42025Q12025Q22025Q32025Q4
ROE TTM--2.32%4.01%5.57%7.26%
Earnings
2024Q42025Q12025Q22025Q32025Q4
Total revenue202.79B47.61B92.43B142.16B189.03B

Financial health

Debt/Asset
40.69%
Current ratio
1.15
Quick ratio
1.08
Cash ratio
1.08
AI Analysis
  • Financial health appears stable with sufficient liquidity and moderate leverage, though showing some strain from recent earnings pressure.
  • Current ratio of 1.15 indicates sufficient short-term assets to cover short-term liabilities
  • Quick ratio of 1.08 indicates sufficient short-term assets to cover short-term liabilities
  • Debt-to-asset ratio of 40.69% suggests a moderate level of financial leverage
  • Moderate leverage is manageable for a capital-intensive industry like oil & gas
  • Balance sheet is not a point of immediate concern
  • Primary pressure is evident on the income statement
Leverage
2024Q42025Q12025Q22025Q32025Q4
Debt/Asset40.39%41.47%41.29%40.09%40.69%
Liquidity
2024Q42025Q12025Q22025Q32025Q4
Current ratio1.061.081.001.151.15